The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Maxgainz Finserve Pvt Ltd
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Maxgainz Finserve Pvt Ltd, part of the promoter group of Looks Health Services Limited, sold 1,50,000 equity shares (1.43% of total share capital) in the open market on December 24, 2025. Before the sale, the entity held 5,66,944 shares (5.40%); after the sale, its holding has come down to 4,16,944 shares (3.97%). The company's total equity share capital remains unchanged at Rs. 10.50 crore divided into 1.05 crore equity shares of Rs. 10 each. This is a routine SAST disclosure filed because the promoter group entity's shareholding changed by more than 2% in a financial year.
Promoter group shareholding has reduced from 5.40% to 3.97%, signalling some promoter trimming in the stock. Retail investors should note the open-market exit by a promoter entity, though the absolute quantity sold is relatively small.